News

Southeast Asia's superapp Grab Holdings Limited has raised its full year guidance after its revenue grew 22 percent year-over-year, or 17 percent on a constant currency basis to $873 million during the third quarter ended September 30, 2025.

Currenc Group Inc., a Singapore-based artificial intelligence (AI) solutions fintech firm, announced Monday that it has entered into a non-binding term sheet with Hong Kong-based gaming firm Animoca Brands Corporation Limited in relation to a potential proposal for Currenc to acquire 100 percent of Animoca Brands’ issued shares via a reverse merger.

Malaysia's artificial intelligence (AI)-enabled carbon intelligence firm Sastena Technology Sdn Bhd and the Forest Research Institute Malaysia's commercial subsidiary FRIM Incorporated Sdn Bhd have signed a memorandum of understanding (MoU) to advance Malaysia’s leadership in science-backed, AI-enabled carbon intelligence.

Coolmate, the Vietnam’s direct-to-consumer (D2C) fashion brand, announced Monday the completion of its Series C funding round led by Vertex Growth Fund.

Since its founding in Malaysia, Mantayay has grown to serve global clients in gaming, FMCG, and technology across Southeast Asia. The company today manages over 4,000 TikTok creators, produces more than 1,000 short-form videos each month, and generates over 100 million monthly views across TikTok, YouTube, and Instagram.

Alternate Futures, a fund-backed Innovation Center was officially launched in Singapore through a strategic alliance with Agrifood Futures, to boost climate, food and energy investment across the region.

J&T Global Express Limited, an Indonesia-based integrated logistics service operator, announced last Thursday the official launch of its “J&T Express Greater Bay Area Digital Supply Chain Industrial Park” in China.

Aquilius Investment Partners, a Singapore-based provider of secondaries solutions in the Asia Pacific region, completes fundraising of its second real estate secondaries flagship fund, AIP Secondary Fund II L.P. (AIP SF II) at $1.1 billion.

OpenAI has on last Thursday launched the Sora app to Thailand, making it one of the first countries in Asia to access its next-generation artificial intelligence (AI) video creation experience.

YTL Power International Berhad, the subsidiary of Malaysia's conglomerate YTL Corporation, has completed its artificial intelligence (AI) data center facility in partnership with NVIDIA at the 600MW YTL Green Data Center Park in Kulai.